Koons stepped on the tail of the customer
ARTinvestment.RU   20 апреля 2018

Collector-инвестор sued the artist and representing his Gallery Gagosian at least for failure of terms of delivery of three prepaid sculptures

the Production of giant sculptures of the most expensive living artist Jeff Koons — complicated and expensive production process. Not to mention the process of artistic and material science. Therefore, to get your work of art, collectors make a large Deposit and patiently stand in the queue. And when overdue follow one another, then some buyers can not stand the nerves.

One such asset Manager, Stephen Tenenbaum, threw a fit and sued for a claim when three ordered sculptures — "Venus balloon", "Diana" and "Eros" — once again was not delivered in time. The investor suggests that this "shop" carries the signs of a financial pyramid: Finance previous orders due to the money raised from new collectors. In the position of the plaintiff are such words as "unethical", "corruption" and even quotes from William Shakespeare about the problems of the Danish Kingdom.

In General, hard angry man.

. According to Artnet, Tanenbaum have paid an advance of more than $ 6 million in 2013. And ordered items had to arrive in 2015-м. And when their supply "moved" to August 2019-го, the buyer is hoisted.

Texture clear and to read this, of course, strange. Delivery time, advances the queue, courts, contracts, unwillingness to wait – as if we are talking about the supply of bananas, and not about art. The world is changing. And relationships "collector — artist" also are not the same. Business displaces the worship. Alas.

V. B., AI

Source: news.artnet.com